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Tyson Demo Day Puts Supply Chain Innovators on Center Stage

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Tyson Ventures, the venture capital arm of Tyson Foods (NYSE: TSN), hosted its third annual Tyson Demo Day 2024, focusing on supply chain innovations. Twelve companies from seven U.S. states, Canada, and the UK pitched their solutions to Tyson Foods leaders. The event aimed to position Tyson as a strategic partner for innovators working towards a better food system.

Five startups were selected for further discussions: Acoustic Extra Freezing (food preservation technology), JLE Truckwash (fleet cleaning solutions), Orderful (EDI platform), Pactum AI (AI-driven supplier negotiations), and SnoFox (industrial refrigeration optimization). These companies offer solutions ranging from software and AI to cold chain management and fleet services.

Tyson Ventures, il braccio di venture capital di Tyson Foods (NYSE: TSN), ha ospitato il suo terzo Tyson Demo Day annuale 2024, incentrato sulle innovazioni nella catena di approvvigionamento. Dodici aziende provenienti da sette stati americani, dal Canada e dal Regno Unito hanno presentato le loro soluzioni ai leader di Tyson Foods. L'evento aveva l'obiettivo di posizionare Tyson come partner strategico per gli innovatori che lavorano verso un sistema alimentare migliore.

Five startup sono state selezionate per ulteriori discussioni: Acoustic Extra Freezing (tecnologia per la conservazione degli alimenti), JLE Truckwash (soluzioni per la pulizia delle flotte), Orderful (piattaforma EDI), Pactum AI (negoziazioni con fornitori guidate dall'AI) e SnoFox (ottimizzazione della refrigerazione industriale). Queste aziende offrono soluzioni che spaziano da software e AI a gestione della catena del freddo e servizi per flotte.

Tyson Ventures, la unidad de capital de riesgo de Tyson Foods (NYSE: TSN), celebró su tercer Tyson Demo Day anual 2024, centrado en las innovaciones de la cadena de suministro. Doce empresas de siete estados de EE. UU., Canadá y el Reino Unido presentaron sus soluciones a los líderes de Tyson Foods. El evento buscaba posicionar a Tyson como un socio estratégico para los innovadores que trabajan hacia un sistema alimentario mejor.

Se seleccionaron cinco startups para discusiones adicionales: Acoustic Extra Freezing (tecnología de conservación de alimentos), JLE Truckwash (soluciones de limpieza de flotas), Orderful (plataforma EDI), Pactum AI (negociaciones con proveedores impulsadas por IA) y SnoFox (optimización de refrigeración industrial). Estas empresas ofrecen soluciones que van desde software y IA hasta gestión de la cadena de frío y servicios de flotas.

타이슨 벤처스(Tyson Ventures)는 타이슨 푸드(Tyson Foods, NYSE: TSN)의 벤처 캐피탈 부문으로, 공급망 혁신에 초점을 맞춘 제3회 연례 타이슨 데모 데이 2024를 개최했습니다. 미국 7개 주, 캐나다 및 영국에서 온 12개 회사가 타이슨 푸드의 리더들에게 그들의 솔루션을 발표했습니다. 이 행사는 타이슨이 더 나은 식품 시스템을 위해 노력하는 혁신가들에게 전략적 파트너로 자리매김하는 것을 목표로 했습니다.

다섯 개 스타트업이 추가 논의를 위해 선정되었습니다: Acoustic Extra Freezing (식품 보존 기술), JLE Truckwash (차량 세척 솔루션), Orderful (EDI 플랫폼), Pactum AI (AI 기반 공급업체 협상), SnoFox (산업용 냉각 최적화). 이들 회사는 소프트웨어 및 AI에서 냉동 체인 관리와 차량 서비스에 이르기까지 다양한 솔루션을 제공합니다.

Tyson Ventures, le bras de capital-risque de Tyson Foods (NYSE: TSN), a organisé son troisième Tyson Demo Day annuel 2024, axé sur les innovations de la chaîne d'approvisionnement. Douze entreprises de sept États américains, du Canada et du Royaume-Uni ont présenté leurs solutions aux dirigeants de Tyson Foods. L'événement visait à positionner Tyson comme un partenaire stratégique pour les innovateurs travaillant à un meilleur système alimentaire.

Cinq startups ont été sélectionnées pour des discussions supplémentaires : Acoustic Extra Freezing (technologie de conservation des aliments), JLE Truckwash (solutions de nettoyage de flottes), Orderful (plateforme EDI), Pactum AI (négociations avec les fournisseurs pilotées par l'IA) et SnoFox (optimisation de la réfrigération industrielle). Ces entreprises offrent des solutions allant de logiciels et d'IA à la gestion de la chaîne du froid et aux services de flotte.

Tyson Ventures, der Risikokapitalzweig von Tyson Foods (NYSE: TSN), veranstaltete den dritten jährlichen Tyson Demo Day 2024, der sich auf Innovationen in der Lieferkette konzentrierte. Zwölf Unternehmen aus sieben US-Bundesstaaten, Kanada und dem Vereinigten Königreich präsentierten ihre Lösungen vor den Führungskräften von Tyson Foods. Das Event zielte darauf ab, Tyson als strategischen Partner für Innovatoren zu positionieren, die an einem besseren Lebensmittelsystem arbeiten.

Fünf Startups wurden für weitere Gespräche ausgewählt: Acoustic Extra Freezing (Lebensmittelkonservierungstechnologie), JLE Truckwash (Flottenreinigungs-solutions), Orderful (EDI-Plattform), Pactum AI (KI-gesteuerte Lieferantenverhandlungen) und SnoFox (Optimierung der industriellen Kühlung). Diese Unternehmen bieten Lösungen an, die von Software und KI bis hin zu Kühlkettenmanagement und Flottenservices reichen.

Positive
  • Tyson Ventures has invested over $100 million in emerging technologies since 2016
  • Five promising startups selected for further business discussions
  • Event attracted innovative companies from multiple countries
  • Focus on supply chain efficiency could lead to cost savings and improved operations
Negative
  • None.

SPRINGDALE, Ark., July 24, 2024 (GLOBE NEWSWIRE) -- Tyson Ventures, the venture capital arm of Tyson Foods (NYSE: TSN), hosted its third annual pitch event, which aims to position the company as the strategic partner of choice for the most promising innovators working towards a better food system. Twelve companies pitched their supply chain-related innovations to a group of Tyson Foods senior leaders and team members as part of Tyson Demo Day 2024.

Tyson Demo Day encouraged innovators and entrepreneurs worldwide to apply with breakthrough solutions that can help Tyson Foods foster more sustainable practices, enhance transparency, create new efficiencies and ensure the highest standards of quality across the unique protein supply chain.

“Transformational solutions come from all over, and to see so much strategic potential in one place was inspiring,” said Heidi Solomon, Vice President of global strategy for Tyson Foods. “When protein supply chains become more efficient, we can all do more to feed the world like family and fulfill our corporate mission. The global reach and scale of Tyson Foods can help these companies apply their groundbreaking solutions to make a difference.”

Each year, Tyson Demo Day centers on a critical industry segment. For 2024, Tyson Ventures sought out innovative startups that have the potential to revolutionize the supply chain. The participating companies, which represent seven U.S. states, Canada and the United Kingdom, pitched their disruptive business solutions at Tyson Foods world headquarters on July 17. Their solutions targeted supply chain challenges from many different angles using technologies that include software, artificial intelligence, cold chain management, recyclable materials, freezing technology, monitoring, cloud platforms and fleet management.

The Tyson Foods panel represented a broad cross-functional group of team members in roles that directly engage with the company’s supply chain. They selected five Demo Day startups to engage in continued conversations within the business, paving the way for further high-impact opportunities:

  • Acoustic Extra Freezing (Paradigm Labs) manufactures freezing equipment that uses acoustic waves to create nano-sized ice crystals, preserving food's quality, taste, and texture.
  • JLE Truckwash provides premium fleet cleaning solutions that are customized for distribution centers and trucking terminals.
  • Orderful is a modern EDI (Electronic Data Interchange) platform that allows retailers to integrate once and start trading with partners in nine days or less, making EDI efficient, cost-effective and scalable.
  • Pactum AI is a SaaS negotiation solution that enables Enterprise Companies to optimize value by automating supplier negotiations through AI-driven processes .
  • SnoFox is a software platform focused on optimizing system performance, maintenance activities, and energy usage for industrial refrigeration.

Twelve companies in total participated in Tyson Demo Day 2024:

  • Acoustic Extra Freezing
  • Arvist
  • Dexory
  • JLE Truckwash
  • LAMAR IoT Corporation
  • Lucid Corp
  • Ndustrial
  • Orderful
  • Pactum AI
  • SnoFox
  • Tag-N-Trac
  • Top Hat Engineering

Since its inception in 2016, Tyson Ventures has invested more than $100 million in emerging proteins, new technologies for food and worker safety and improved food production. Stay up to date on engagement with these partners by following the Tyson Ventures LinkedIn account.

About Tyson Ventures
Tyson Ventures is the venture capital arm of Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein. Tyson Ventures aims to be the strategic partner of disruptive innovators transforming the food industry and providing sustainable nutrition to a growing global population. Tyson Ventures focuses investments in three strategic areas – emerging proteins, enabling technologies and innovations that empower people, protect our planet, and cultivate smart, responsible agriculture.

Media Contact: MaKenzie Williams | makenzie.williams@tyson.com | 479-290-33205


FAQ

What was the focus of Tyson Foods' (TSN) Demo Day 2024?

Tyson Foods' (TSN) Demo Day 2024 focused on supply chain innovations, aiming to find breakthrough solutions to enhance efficiency, sustainability, and quality across the protein supply chain.

How many companies participated in Tyson Foods' (TSN) Demo Day 2024?

Twelve companies from seven U.S. states, Canada, and the United Kingdom participated in Tyson Foods' (TSN) Demo Day 2024, pitching their supply chain-related innovations.

Which startups were selected for further discussions with Tyson Foods (TSN) after Demo Day 2024?

Five startups were selected for further discussions with Tyson Foods (TSN) after Demo Day 2024: Acoustic Extra Freezing, JLE Truckwash, Orderful, Pactum AI, and SnoFox.

How much has Tyson Ventures invested since its inception in 2016?

Since its inception in 2016, Tyson Ventures has invested more than $100 million in emerging proteins, new technologies for food and worker safety, and improved food production.

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